Economy

 

news by category: Economy

Found 50 articles.

Displaying 21-30 out of 50 results.

  • Vol 49 No 18
  •  5th September 2008

Two virgins

Britain’s Virgin Atlantic has lost the first round in its battle with Nigeria’s government and is expected to sell all but 7% of its 49% stake in the lossmaking Virgin Nigeria Airways (VNA), which operates on domestic routes and regional West ...

  • Vol 49 No 11
  •  23rd May 2008

A look on the bright side

Soaring food and fuel prices dominated the African Development Bank's Annual Meeting in Maputo on 14-15 May, in contrast to last year's optimistic, Asia-oriented summit in Shanghai. With oil at US$120 a barrel and the world credit crunch filtering through...

  • Vol 49 No 11
  •  23rd May 2008

Oil is expensive: water, anyone?

High oil prices are slowing down Sierra Leone's electrification plans, says President Ernest Bai Koroma. Many countries face the same problem. Rising costs at oil-fired power stations reinforce the need for hydroelectric projects and the African Developme...

  • Vol 49 No 8
  •  11th April 2008

Treading on the corn

It is universally accepted that a Malawian government's legitimacy is determined by the latest maize harvest. 'Chimango ndi moyo' (Maize is life) is an expression often heard and corn has to be available for purchase at a reasonable price. Most Malawians ...

  • Vol 49 No 7
  •  28th March 2008

The vultures gather

So-called 'vulture funds' threaten the highly indebted countries that the International Monetary Fund is trying to rescue from the burden of debts they cannot pay. Many of the most vulnerable countries are in French-speaking West Africa, where money inten...

  • Vol 49 No 3
  •  1st February 2008

Presidents, gems and trade

Leaders bearing gifts, a bad start to the year for diamond giant De Beers and those Economic Partnership Agreements

  • Vol 49 No 2
  •  16th January 2008

Panic, what panic?

The rich world's economies are sick and the looming recession in the United States has already triggered days of panic selling in Western and now Asian markets. Africa is caught in the middle of what many regard as part of a longer term shift of economic ...

  • Vol 49 No 2
  •  16th January 2008

Frontier market

Fund managers are keeping one eye on the global market twitches and another on some of Africa’s rockier political systems as they try to assess news risk in 2008. For the last five years, Africa has an enjoyed a favoured but frontier market status.

  • Vol 48 No 23
  •  16th November 2007

Less blood on the stones

Blood diamonds are no longer a main concern for Africa's diamond industry. A reputation for fuelling conflict is no longer a big obstacle to sales, according to the 47 delegates, representing 73 countries, who met in Brussels on 5-8 November to discuss th...

  • Vol 48 No 22
  •  2nd November 2007

New chiefs now, new policies later

For Africa, the Annual Meetings of the World Bank and the International Monetary Fund seem to resemble the shareholders’ meeting of a smallish public company bravely struggling back from the brink of insolvency. As each year’s corporate resul...

Displaying 21-30 out of 50 results.